CHICAGO - There is a new resource available for credit union collection efforts. TransUnion has launched the TransUnion Collection Prioritization Service to help make collection activities more efficient. The service identifies uncollectable accounts and ranks accounts most likely to be recovered using 180 credit characteristics to determine predictive data for each account. "TransUnion Collection Prioritization Service was specifically designed to optimize collection efforts for both credit grantor's in-house departments and third-party collections agencies, and has already proved successful with initial customers," said TransUnion Senior Director of Product Management Michael O'Connell.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
